Residential portfolio

VBL - Residential portfolio

Date of acquisition: June 2008
residential units approx.: 1,200 
Number of properties: 20
Floor area sqm: 81,676
Net rent EUR/sqm: € 5.30 (average)
Planned investment: € 3 million
Curretn rental yield: 8.7% 

Portfolio - broken down by region:

Hamburg: 40 % 
Rhine/Main: 22 % 
South-Germany: 21 % 
Berlin: 17%